đ¸ BITMINE HAS AN $8.68 BILLION UNREALIZED LOSS ON ITS ETH HOLDINGS
đ ETH treasury has lost nearly half its value
Bitmineâs ETH holdings are sitting on an unrealized loss of more than $8.68 billion, equivalent to a 43.11% decline from the amount invested, as the price of ETH continues to fall.
đ° $20.14 billion invested, now worth just $11.46 billion
Bitmine invested a total of $20.14 billion to accumulate ETH. Its holdings are now worth just $11.46 billion, and the company has not recorded any realized losses.
đ¤ď¸ The loss is still only on paper, but with the amount nearing $8.7 billion, ETHâs price movements in the coming period will determine whether Bitmine has to realize it.
$ETH
đ ETH treasury has lost nearly half its value
Bitmineâs ETH holdings are sitting on an unrealized loss of more than $8.68 billion, equivalent to a 43.11% decline from the amount invested, as the price of ETH continues to fall.
đ° $20.14 billion invested, now worth just $11.46 billion
Bitmine invested a total of $20.14 billion to accumulate ETH. Its holdings are now worth just $11.46 billion, and the company has not recorded any realized losses.
đ¤ď¸ The loss is still only on paper, but with the amount nearing $8.7 billion, ETHâs price movements in the coming period will determine whether Bitmine has to realize it.
$ETH
